Originally created by farmer Samuel Benner in 1875, the chart outlines repeating cycles of economic booms and busts. Its latest forecast indicates 2026 as a potential year of growth.
Benner’s Predictions
Benner's chart contains predictions about cycles of economic ups and downs. According to the latest forecasts, 2026 may become a 'year of good times.' Analyst Davis noted that the model predicts high prices, which could be significant for Bitcoin holders.
Factors Influencing the Prediction
The prediction aligns with a number of macroeconomic factors. Federal Reserve Chair Jerome Powell's term is set to expire in May 2026, potentially signaling changes in monetary policy. Some investors even speculate that Bitcoin could reach $250,000 in that timeframe.
Historical Significance of the Model
Benner's model breaks down years into three repeating phases: 'panic years' (e.g., 1929, 2008), 'boom years for selling' (e.g., 1945, 1999), and 'years ideal for buying' (like 2009 or 2023). Although the model is not based on modern data science, its historical relevance has caught the eye of both market veterans and newcomers.
As 2026 approaches, investors find themselves closely watching Benner's chart, which may once again take center stage amid market volatility.